payasbidauktioner
Pay-per-bid auctions, also known as penny auctions, are a type of online auction where bidders pay a small fee for each bid they place. Unlike traditional auctions where the price increases until a winner is determined, in a pay-per-bid auction, the auction price typically starts at a very low amount, often zero, and increments by a small fixed amount with each new bid. The crucial difference is that each bid placed not only increases the item's price but also costs the bidder a predetermined fee. The winner of the auction pays the final auction price for the item.
The revenue for the auction site comes from the fees paid for each bid, regardless of whether